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Fairweather Apartments

FHA Acquisition & Refinance

Endorsed October 25, 2022

FHA #02311704

Deal Details

Location
SALEM, Massachusetts
Mortgage Amount
$32.0M
Units
321
Program
Acquisition & Refinance
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2023
LIHTC
Yes

Current Loan Status

Active
Outstanding Balance
$30.6M($32.0M original)
Interest Rate
4.33%
Maturity
November 2057(32 years remaining)
Original Term
35 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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